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FOX Business
Feb 11, 2013 11:00am EST
of the hour. dagen: our reaction was, hello. pope benedict xvi shocking the world announcing his resignation. we have a live report from rome. connell: majority of americans think our economy is still in a recession. first on markets now, some currencies for you. ♪ dagen: some really shocking news out of the vatican this morning. pope benedict the 16th is resigning. dennis: the first time a pope will resign in nearly 600 years. >> i do understand that there is an incredible sense of shock here as well. he always indicated he would step down from his position if he became unable to do the job mentally, physically, and that is what he did. people did not see it coming. we have heard from world leaders . it is shocking that pope benedict will be stepping down. this is an unusual event. all sorts of new prophecies will be put into place. there will be a conclave of cardinals and so far, of course, there are already names in terms of potential next pope. it is early to get a sense of how any of them will stand in not running. that is the latest. dagen: thank you so much. it really took our brea
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